LOUISIANA-PACIFIC CORPORATION (NYSE:LPX) Files An 8-K Regulation FD Disclosure

On June 13, 2019, Louisiana-Pacific Corporation (“LP”) issued a press release announcing that it will indefinitely curtail OSB production at its Peace Valley facility in Fort St. John, B.C. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. LP expects to record severance and other one-time costs related to the curtailment of approximately $5 to $7 million with the majority of this expense recorded in the third quarter of 2019. This amount is an estimate and is subject to change as LP implements the curtailment.

The information contained in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933, regardless of any general incorporation language in such filings.

(d) Exhibits

LOUISIANA-PACIFIC CORP Exhibit
EX-99.1 2 pressrelease-pv.htm EXHIBIT 99.1 – PRESS RELEASE Exhibit FOR RELEASE AT 4:00 P.M. (EST) THURSDAY,…
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About LOUISIANA-PACIFIC CORPORATION (NYSE:LPX)

Louisiana-Pacific Corporation is a manufacturer of building products. The Company’s products are used in home construction, repair and remodeling, and outdoor structures. The Company operates in four segments: North America Oriented Strand Board (OSB), Siding, Engineered Wood Products (EWP) and South America. The OSB segment includes OSB products produced in North America. The siding segment includes Smart Side siding products, CanExel siding products and other related products. The engineered wood products segment includes laminated veneer lumber and laminated strand lumber, I-joists, plywood and other related products. The South America segment includes products produced and or sold in South America. Its other products category includes its remaining timber and timberlands, and other minor products, services and closed operations. It also markets and sells its products in light industrial and commercial construction.